microvision

Today, MicroVision announced that it's ShowWX+™ laser pico projector will be available in Apple online stores in the EMEA (Europe, Middle East, and Africa) starting this month. At Picopros, we've highlighted the ShowWX+™ many times and was the first in the world to performed a product review of the device.

Wired magazine recently published an article comparing four portable projectors. These include: the WowWee Cinemin Slice, Optoma Neo-i, MicroVision ShowWX+, and the Aaxa technologies L1 v2. Overall, the Cinemin Slice and Neo-i scored the highest. While we don't agree with everything Wired had to say, their reviews are very informative.

Today, MicroVision released its Q1 2011 operating results. Product revenue nearly doubled from the prior quarter to $1.1 million, as sales of ShowWX+™ ramped. Their backlog decreased to $1.5 million. This is a result of a delay in the product launch for the high-end media player, which had accounted for about $11.9 million of the previously-communicated backlog. The OEM customer plans to launch the media player in the second half of 2011. According to the press release, "MicroVision has removed these orders from its backlog until more information regarding the timing and quantity of engine deliveries can be established."

Late yesterday, MicroVision announced that it would host its Q1 2011 conference call at 8:30am ET on Thursday, May 5th. The developer of advanced laser-based MEMS imaging technology will discuss its financial results and operating results. Best known for its ShowWX™ and ShowWX+™ pico projector products, MicroVision has made steady progress toward streamlining its operations as it approaches commercialization of PicoP® enabled products using direct-emitting green lasers with the aid of its partner, Pioneer.

In a recent article, Engadget discusses a very interesting device from Pioneer called AppRadio. While not available (yet), the device would interface with the Apple iPhone to bring added flexibility and a superior user experience for in-car infotainment.

Today, MicroVision announced that its ShowWX+™ laser pico projector is now available for $349. ShowWX+™ has 15 lumen brightness at WVGA (848 x 480) resolution and can connect to composite and VGA video sources (with the optional VGA dock), as well as all Apple products with the included adapter cable.

In a recent article, Pacific Media Associates (PMA) reported that sales of pico projectors grew 125% year-over-year in Q3 2010 (over 100,000 units for the quarter). About 51% of those shipments were for products powered by Texas Instruments DLP® technology. Similarly, iSuppli published a report predicting growth to over 7.3 million units by 2013 (CAGR of 258% from 2008). Capturing just a small piece of this market could mean big revenue for display engine developers, such as 3M, Aaxa Technologies, and MicroVision, as well as Texas Instruments, who has taken the early lead.

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